Brookside Energy Limited (ASX: $BRK) has announced the completion of the intermediate section drilling for the Maroons Well in the Flames-Maroons Development Plan (FMDP) targeting the Sycamore and Woodford formations in the SCOOP area of the southern Anadarko Basin. The drilling is currently progressing in the lateral section at a measured depth of approximately 8,500 feet, with all operations being conducted safely, on budget, and on schedule.
The drilling progress on the Maroons Well is in line with our operational objectives and reflects our commitment to the safe and efficient development of energy assets in the SCOOP area. We are pleased with the successful completion of the intermediate section drilling and the ongoing progress in the lateral section. The Company remains focused on generating shareholder value through disciplined portfolio management and the development of oil and gas assets in the mid-continent region of the US.
Brookside Energy's update on the Maroons Well drilling indicates steady advancement in the Flames-Maroons Development Plan, demonstrating the Company's adherence to operational timelines and safety standards. The multi-well drilling program, targeting the highly productive Sycamore and Woodford formations, is progressing as planned. The Company's commitment to sustainable growth and value creation through safe and efficient energy asset development in the SCOOP area is evident. Shareholders can anticipate continued focus on disciplined portfolio management and the exploitation of oil and gas assets in the mid-continent region of the US.